Hi All, I am a new trader with only about 4 months experience or their abouts.

Got into FX after a seminar when they tried to take $4000 out of me. This was the first I have heard of FX trading and I would like to become a expert which means it would be the ideal job for me as you can trade anywhere in the world.

My story so far, purchased FAPTURBO and this was tradig well on both my demo and live account, until I messed with the settings and it had a couple big losses. I have moved settings back to default except with a longer trading time and results have been positive and the account is slowly comming back.

I also purchase Megadriod and so far have had 100% profitable trades. so I am happy with this.

My issue is that I want to manual trades so I have done a ton of research (too much actually so I have brain overload on what to do), watch the markets & news, place my trade and then the lose my trade. Strategy needs refining.

I have two questions for the group

1) what is the caspian ea like which i found a link to on the forums from adry-fx. Price is really good. Has anyone had any luck with this as well

2) as I refine my manual trading further, i am having difficulty calculating my stop loss. I only want to risk 2% per trade which is easy to work out on my balance, but I dont know how to then translate this to a stop loss or pip loss

Any information or assistance will be muchly appreciated

Here is a video that I made a while back that tells you in Detail how to calculate your Lot Size, Stoploss, etc based on your Risk Appetite.Its Really the first baby step that everyone needs to understand before thinking about day trading.

 Good Luck with your ambitions and I hope that your success with automation works out for you.